Vanguard Reports 5.11% Passive Stake in AST SpaceMobile

Overview

On October 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G reporting a passive ownership stake in AST SpaceMobile Inc ($ASTS). As of the event date of September 30, 2026, Vanguard reported beneficial ownership of 15,330,194 shares of Common Stock, representing 5.11% of the outstanding class.

Key Voting and Dispositive Powers

• Sole Voting Power: 2,383,666 shares
• Shared Voting Power: 0 shares
• Sole Dispositive Power: 15,330,194 shares
• Shared Dispositive Power: 0 shares

Filing Details & Market Impact

• Filing Rule: Rule 13d-1(b), indicating the securities were acquired and are held in the ordinary course of business as an institutional investment manager without an intent to influence or change corporate control.
• Significance: Passive institutional ownership filings by asset managers such as Vanguard typically reflect index additions, fund inflows, or routine portfolio rebalancing rather than an active activist stance, resulting in a Low market significance rating.